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BSE suspends trading in 10 ‘Z’ category cos

Our Bureau

Mumbai, March 13

The Bombay Stock Exchange has suspended trading in 10 ‘Z’ category companies on account of highest number of complaints pending against them.

The complaints against these companies were with regard to non-receipt of refund orders, dividends, bonus share, annual reports, non-receipt of credit with Depository Participants among others.

The 10 companies include Vatsa Corporations, Pentafour Products, Pal-peugeot Ltd, Mukerian Papers, Enkay Texfoods Industries, Panchmahal Cements, Usha India, Montari Industries, Mesco Pharmaceuticals and Toheal Pharmachem.

In the month of February, BSE received 639 complaints against 268 listed companies. In the same period, 731 complaints were resolved against 295 listed companies, BSE said.

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